LRCUSDT.P trade ideas
Loopring (LRC) Price Prediction 2022Loopring (LRC) Price Prediction 2022
Loopring (LRC) holds the 90th position on CoinGecko right now. LRC price prediction 2022 is explained below with a daily time frame.
The above chart of Loopring (LRC) laid out a Descending Channel. Descending channel also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is the characteristic of a bearish market.
Currently, Loopring (LRC) is in the range of $ 0.4805. If the pattern continues, the price of LRC might reach the resistance levels of $ 1.3780 ,If the trend reverses, then the price of LRC may fall to $ 0.3232
Loopring (LRC) Support and Resistance Levels
The chart below shows the support and resistance levels of Loopring (LRC)
From the above daily time frame, we can clearly interpret the following as the resistance and support levels for Loopring (LRC).
Resistance Level 1 $0.5105
Resistance Level 2 $0.7238
Resistance Level 3 $1.0925
Resistance Level 4 $1.6536
Support Level $0.3372
LRC /USDT Support and Resistance Levels
The charts show that Loopring (LRC) has performed a bullish trend over the past month. If this trend continues, LRC might run along with the bulls overtaking its resistance level at $1.6536.
Accordingly, if the investors turn against the crypto, the price of Loopring (LRC) might plummet to almost $0.3372 , a bearish signal.
Short Note :
Breakout Level : $0.4845
Target : $1.3780
Stop Loss : $0.3232
Happy Trading !!!!
LRCUSDT , ACCUMULATION BULLISH RALLY?
Hello Traders,
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
- Looking at how LRC is moving on the 1D time frame chart is tell us that the price is about to breakout from the upper trendline resistance with a decent amount of volume , price was accumulating for a decent time on
support level 0.3300$ - 0.3600$ which tell us that buyers have an interest to take the price higher towards the nearest strong resistance level 0.5200$-0.5600$ and progressively higher
- If buyers succeed to break the trendline then we might retest it and go from there , we can ride the breakout or wait until it's confirmed and take a long position from there with a suitable risk to reward ratio , please
manage to put your stop loss far from the market noise in order to avoid stop loss hunting.
- If buyers failed to breakout then we can have a small pullback towards old support level 0.3300$
$LRCis it time to send everything ?
ranging between the blue lines
2 weeks ago it poked above where it lost support from or the LH and now imo has retraced and ready for the red line which is a shade under the 200 on the daily .
move should happen after weekly close or just before it .
invalidation is below blue line .
Trend line analysis
( #LRC_USDT > 1D )
The 255-day Down Trend line has been reached. I see it as a coin that has a great chance to get a parabolic move. The blockchain that this coin is made of is very useful, so it has attracted the attention of investors. Therefore, if this breakout occurs with a good volume, there is an opportunity to take a futures trade and spot coins.
LRCUSDT | FAKEOUTLRCUSDT has broken above the falling resistance and price failed to sustained above the resistance. Now price is holding a key support level, So bulls need to break above the falling resistance, and price must sustained above it. while bears are in party below the falling resistance.
Manage your trades accordingly.
#LRC/USDT - Long - Potential 184.01%#LRC/USDT - Long - Potential 184.01%
Exchanges: Binance
Signal Type: Regular (Long)
Entry Zone:
1) 0.4165 - 0.4516
Take-Profit Targets:
1) 0.6140 - 25.0%
2) 0.8052 - 25.0%
3) 0.9613 - 25.0%
4) 1.2798 - 25%
Stop Targets:
1) 0.2987 - 100.0%
Entry Trigger - DEX's seeing a renewal of interest and volume. Loopring looks ripe for growth if DEX tokens see a pump with long term bullish technicals with a huge RSI trendline break & room for a retrace to fill the entry zone.
Trailing Configuration:
Take-Profit: Percentage (1.0%)
Stop: Breakeven -
Trigger: Target (1)
LRC Support & Resistance's>>>>>Hello EveryOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
We can see head & shoulder pattern's in the chart, must break's neckline at the first,..
In the case of broken down trend line in Daily-T frame, and completed pullback
We can entry long trade setup till Red Area Resistance's>>>>>>>>>
Short term support & resistance's marked on the chart.
This is not financial advise.
PLZ DYOR
With hopping success>>>>
Loopring-USDTPamp Coin. Since the last high the price has corrected by 90%.
The price is moving in a downtrend, now an attempt to equalize the local trend.
It is possible to consider a speculative trade in case of price fixing above 0.4 or from support 0.36 at its (confirmation, i.e. rebound from the level). Targets are 0.51 and 0.6.
Stop at consolidation below 0.36, or based on your risk profile.
1D
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Always use STOP, and do not use a leverage higher than x3.
A trader must always have tomorrow.
I Believe this is a trapThis looks like a bull trap to me. LRC should hit 24ish cents before we see and uptrend again, but if the global market wants to keep diving we then we definitely see sub 10 cents regardless of the market launch (which sees an obvious boost before another dump).
Maybe the launch will come full with games, movies, big content from big creators/companies? Could that potentially become a "catalyst''?
If it's just useless, ugly photos/gifs at launch then we most definitely will continue to dump.
Terrible time to have to be hyping a launch.
My quick two cents on the situation before August, 24 cents, and that one sure thing is the uncertainty with market fear.
BUY when it's best for YOU.